credit card fraud? have you been done recently?

inmypocketnottheirs

knowledgeman wrote: »

Trust me chip and pin is far better than any other systems, it just doesnt suit a minority who are incapable of following terms and conditions

knowledgeman wrote: »

Trust a banker! Don't be daft! You just tow the bank line and spout the cobblers you have been taught.

knowledgeman wrote: »

As for reading manuals etc, I think im more likely to know the reality of it than someone whose knowledge relates to one sided consumer websites

knowledgeman wrote: »

Oh, do not worry, I take my knowledge from more than one sided consumer web site. My wife has been a bank employee for 15 years. I know the score exactly.

knowledgeman wrote: »

Nothing is infallible but chip and pin is extremely reliable as long as you take simple precautions and responsibility

knowledgeman wrote: »

Correct, nothing is infallible, including chip and pin. I know of at least 3 individuals who have had money disappear from their accounts - without any divulgence of PIN. But of course this does not suit the banks to admit chip and pin infalability. All they want to do is pass the buck.

knowledgeman wrote: »

If someone comes on the phone their story and the facts are examined and considered,

If theres an explaination no problem

knowledgeman wrote: »

Hmm, I don't think so.

knowledgeman wrote: »

If its blatant their pin was there then a decision is made based on their history and circumstances for all, min (£50) or none

The amount of people who think a pin is ok in their wallet is unbelievable and frankly if your that thick and under 60/ not disabled then you deserve all you get

knowledgeman wrote: »

I think you will find that the greedy banks are about to get what they deserve. Hope you have an alternative career lined up :rolleyes:

James

Some 913 offences of credit card and Pin number fraud took place at the Total garage, Farley Hill, Luton, between March and April.

Tis an awful lot of PINs compromised!

Story Click Here.

deanofire

just checked my account, have had £1453.92 taken from my account by Cash TRVL Money Camberley CAMBERLEY.
i have just a week ago booked a holiday with Explorers of Camberley
and the day before the money was taken booked leg room seats with thompson fly.
i also use tesco and paypal. but never give out or show my pin and am very carefull with my card.
just been on to nationwide who have stopped my card (great help as i go
on holiday sunday morning (day after tommorow)
i can see from all the other threads that neither the banks or police are bothered by this
so i would like to put forward an idea.
if anybody out there is interested in going down to this "Cash TRVL Money Camberley CAMBERLEY." and having a serious word with them please email me on "deanofire@ntlworld.com"
it is plain to see that someone in the shop is accepting fake card details without the proper id so i think we should visit them.
i am away for a week so please email me and we will sort this when i return.
Deano:mad:

abitrubbish

I recently happened to check my Virgin account online and noticed that my balance was about £1,000 higher than it should have been. The transactions were not shown, presumably as it takes a couple of days to show up (guess I was just really lucky with my timing).

I have literally used this card for only 2 transactions, both online: Virgin Wine and a London Underground Travelcard. You would have thought both were pretty reputable...?! The card did not leave my wallet at any time.

Anyway, called them straight away and they told me there had been 2 transactions, for flowers and some kind of party booking?! They immediately cancelled the card and re-issued another, transferring only the correct balance onto the new card. I have no idea what they have done about it, but there seems to be no issue of my liability for these transactions. I have received statements for the new card as usual, and no correspondance at all regarding the old card or the fraud (this was about 3 months ago). My online access to the old card has been blocked.

At what point (if any) can I forget about this and be sure I will not be liable for the fraudulent amount? I have to admit I am somewhat suspicious about just how easy and hassle free the whole thing has been?

wiz_2

i had a message today to ring M&S money which i did straight away. they said that someone has tried to use my and more card with a payment to i-pay friend finder !! i wouldnt mind but i closed the "and more" account back in february and cut the card up, so how can this happen !!! confused !!

James

Is this another sign of the Chip & PIN garage Scam migrating to corner shops?

Police Raid Corner Shop in Credit Card Scam Operation.


Well done Surry Police. But shouldn't card issuers be warning ALL those who've used their plastic in this shop to check their Statements soonest?

Or:

Take their own advice: "If YOU think your PIN Or card details have been compromised let us know soonest"

So if you have used this Shop - Check your statements.

knowledgeman

James wrote: »

Is this another sign of the Chip & PIN garage Scam migrating to corner shops?

Police Raid Corner Shop in Credit Card Scam Operation.


Well done Surry Police. But shouldn't card issuers be warning ALL those who've used their plastic in this shop to check their Statements soonest?

Or:

Take their own advice: "If YOU think your PIN Or card details have been compromised let us know soonest"

So if you have used this Shop - Check your statements.

A list of compromised cards would normally be delivered to banks who then take the relevent action

Some banks have now put in place technology which allows them to prevent counterfeits abroad without stopping the card

Others would cancel them

The problem is this shop probably only counterfeited a small number of cards used there and sadly not all cardholders are as sympathetic to precautionary cancellations as yourself

harryhound

Hi James,

It is nice to know that it has taken the bean counters three months to admit that FRAUD is rising by a modest 1/4 per year inspite of making it a non crime and all the bally hoo about chip and pin.

Would all those apologists for the banks like to come back on this thread, I will supply the hats and humble pies.

http://news.bbc.co.uk/1/hi/business/7025771.stm

Harry.

Now we know why the credit card providers have gone to the House Of Lords in an attempt to get the law that makes them jointly & severally liable for overseas fraud set aside.
If the banks cannot crack down on fraudulent foreign traders, just how do they expect the individual to do so?

MPH80

Fraud is falling for all transactions involving chip and pin.

Fraud is rising in the areas where chip and pin is not being used - e.g. in CNP situations and in transactions abroad. Exactly as it was obvious would happen and even the banks predicted.

What will be interesting is what will happen in CNP situations as verified by visa/mastercard securecode rolls out and as Europe completes the C&P rollout by 2010.

Iamthesmartestmanalive

MPH80 wrote: »

Fraud is falling for all transactions involving chip and pin.

Fraud is rising in the areas where chip and pin is not being used - e.g. in CNP situations and in transactions abroad.

Which is easier for banks to deal with and that

But lets not let the facts get in the way of a controversial story:rolleyes: